Assessing World Bank Support for Trade, 1987-2004 : An IEG Evaluation

This evaluation of the Bank's assistance on trade-related issues focuses on the period between fiscal years 1987 and 2004. The majority of developing countries have significantly improved their environment for trade and economic growth, follow...

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Bibliographic Details
Main Author: Independent Evaluation Group
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2012
Subjects:
GDP
WTO
Online Access:http://documents.worldbank.org/curated/en/2006/01/6740116/assessing-world-bank-support-trade-1987-2004-ieg-evaluation
http://hdl.handle.net/10986/6966
id okr-10986-6966
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTABILITY
AGRICULTURAL TRADE
AGRICULTURE
APPLICABLE LAW
AVERAGE TARIFF
BANK LENDING
BENEFITS OF TRADE
CAPACITY BUILDING
CIVIL SOCIETY
COMPARATIVE ANALYSIS
COMPETITION POLICY
COMPETITIVE PRESSURES
COMPETITIVENESS
CUSTOMS
DEVALUATION
DEVELOPING WORLD
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DEVELOPMENT STRATEGIES
DOMESTIC DEMAND
ECONOMETRIC ANALYSIS
ECONOMIC CRISIS
ECONOMIC EFFICIENCY
ECONOMIC INTEGRATION
ECONOMIC OUTCOMES
ECONOMIC PERFORMANCE
ECONOMIC POLICY
EMPLOYMENT
EUROPEAN UNION
EXCHANGE RATE
EXCHANGE RATES
EXOGENOUS SHOCKS
EXPORT BANS
EXPORT BASKETS
EXPORT BIAS
EXPORT CREDIT
EXPORT DIVERSIFICATION
EXPORT GROWTH
EXPORT INCENTIVES
EXPORT PERFORMANCE
EXPORT PROCESSING
EXPORT PROCESSING ZONES
EXPORT SUPPLY
EXPORT TAXES
EXPORTERS
EXPORTS
EXTERNAL SHOCKS
EXTERNAL TARIFFS
EXTERNAL TRADE
FINANCIAL SECTOR
FOREIGN EXCHANGE
FOREIGN TRADE
FREE TRADE
FREE TRADE AGREEMENT
GDP
GLOBAL ECONOMY
GLOBAL INTEGRATION
GLOBAL TRADE
GLOBAL TRADING
GROSS DOMESTIC PRODUCT
IMPORT COMPETITION
IMPORT PROCEDURES
IMPORT TARIFF
IMPORT TARIFFS
IMPORTS
INDUSTRIALIZATION
INFLATION
INTERNATIONAL BANK
INTERNATIONAL LAWYERS
INTERNATIONAL TRADE
INVENTORIES
LABOR COSTS
LABOR MARKETS
LDCS
MACROECONOMIC INSTABILITY
MACROECONOMIC POLICIES
MACROECONOMIC STABILIZATION
MARKET ACCESS
MICROECONOMIC ANALYSIS
MINISTERIAL MEETING
NON-TARIFF BARRIERS
NON-TRADE ISSUES
OPENNESS
POLICY MAKERS
POLITICAL ECONOMY
PRIVATIZATION
PROFITABILITY
QUANTITATIVE RESTRICTIONS
REGIONAL INTEGRATION
REGIONAL ORGANIZATIONS
REGIONAL TRADE
REGIONAL TRADE INTEGRATION
REGIONALISM
REORGANIZATION
RESOURCE ALLOCATION
SAFETY NETS
STRUCTURAL ADJUSTMENT
SUBSIDIARY
SURCHARGES
TARIFF BARRIERS
TARIFF LEVELS
TARIFF RATES
TARIFF REGIMES
TECHNICAL ASSISTANCE
TOTAL FACTOR PRODUCTIVITY
TOTAL FACTOR PRODUCTIVITY GROWTH
TRADE ADJUSTMENT
TRADE AGENDA
TRADE AGREEMENT
TRADE ASSISTANCE
TRADE CAPACITY
TRADE DIVERSION
TRADE FACILITATION
TRADE FINANCE
TRADE INTEGRATION
TRADE LIBERALIZATION
TRADE LOGISTICS
TRADE NEGOTIATIONS
TRADE PERFORMANCE
TRADE POLICIES
TRADE POLICY
TRADE POLICY REFORM
TRADE POLICY REFORMS
TRADE PROMOTION
TRADE REFORM
TRADE REFORMS
TRADE REGIMES
TRADE STRATEGY
TRADE-RELATED INVESTMENT
TRANSPORT
TRANSPORT COSTS
TRUST FUNDS
UNIFORM TARIFFS
URUGUAY ROUND
VALUE ADDED
VOLUME OF TRADE
WORLD TRADE
WORLD TRADE ORGANIZATION
WORLD TRADING SYSTEM
WTO
spellingShingle ACCOUNTABILITY
AGRICULTURAL TRADE
AGRICULTURE
APPLICABLE LAW
AVERAGE TARIFF
BANK LENDING
BENEFITS OF TRADE
CAPACITY BUILDING
CIVIL SOCIETY
COMPARATIVE ANALYSIS
COMPETITION POLICY
COMPETITIVE PRESSURES
COMPETITIVENESS
CUSTOMS
DEVALUATION
DEVELOPING WORLD
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DEVELOPMENT STRATEGIES
DOMESTIC DEMAND
ECONOMETRIC ANALYSIS
ECONOMIC CRISIS
ECONOMIC EFFICIENCY
ECONOMIC INTEGRATION
ECONOMIC OUTCOMES
ECONOMIC PERFORMANCE
ECONOMIC POLICY
EMPLOYMENT
EUROPEAN UNION
EXCHANGE RATE
EXCHANGE RATES
EXOGENOUS SHOCKS
EXPORT BANS
EXPORT BASKETS
EXPORT BIAS
EXPORT CREDIT
EXPORT DIVERSIFICATION
EXPORT GROWTH
EXPORT INCENTIVES
EXPORT PERFORMANCE
EXPORT PROCESSING
EXPORT PROCESSING ZONES
EXPORT SUPPLY
EXPORT TAXES
EXPORTERS
EXPORTS
EXTERNAL SHOCKS
EXTERNAL TARIFFS
EXTERNAL TRADE
FINANCIAL SECTOR
FOREIGN EXCHANGE
FOREIGN TRADE
FREE TRADE
FREE TRADE AGREEMENT
GDP
GLOBAL ECONOMY
GLOBAL INTEGRATION
GLOBAL TRADE
GLOBAL TRADING
GROSS DOMESTIC PRODUCT
IMPORT COMPETITION
IMPORT PROCEDURES
IMPORT TARIFF
IMPORT TARIFFS
IMPORTS
INDUSTRIALIZATION
INFLATION
INTERNATIONAL BANK
INTERNATIONAL LAWYERS
INTERNATIONAL TRADE
INVENTORIES
LABOR COSTS
LABOR MARKETS
LDCS
MACROECONOMIC INSTABILITY
MACROECONOMIC POLICIES
MACROECONOMIC STABILIZATION
MARKET ACCESS
MICROECONOMIC ANALYSIS
MINISTERIAL MEETING
NON-TARIFF BARRIERS
NON-TRADE ISSUES
OPENNESS
POLICY MAKERS
POLITICAL ECONOMY
PRIVATIZATION
PROFITABILITY
QUANTITATIVE RESTRICTIONS
REGIONAL INTEGRATION
REGIONAL ORGANIZATIONS
REGIONAL TRADE
REGIONAL TRADE INTEGRATION
REGIONALISM
REORGANIZATION
RESOURCE ALLOCATION
SAFETY NETS
STRUCTURAL ADJUSTMENT
SUBSIDIARY
SURCHARGES
TARIFF BARRIERS
TARIFF LEVELS
TARIFF RATES
TARIFF REGIMES
TECHNICAL ASSISTANCE
TOTAL FACTOR PRODUCTIVITY
TOTAL FACTOR PRODUCTIVITY GROWTH
TRADE ADJUSTMENT
TRADE AGENDA
TRADE AGREEMENT
TRADE ASSISTANCE
TRADE CAPACITY
TRADE DIVERSION
TRADE FACILITATION
TRADE FINANCE
TRADE INTEGRATION
TRADE LIBERALIZATION
TRADE LOGISTICS
TRADE NEGOTIATIONS
TRADE PERFORMANCE
TRADE POLICIES
TRADE POLICY
TRADE POLICY REFORM
TRADE POLICY REFORMS
TRADE PROMOTION
TRADE REFORM
TRADE REFORMS
TRADE REGIMES
TRADE STRATEGY
TRADE-RELATED INVESTMENT
TRANSPORT
TRANSPORT COSTS
TRUST FUNDS
UNIFORM TARIFFS
URUGUAY ROUND
VALUE ADDED
VOLUME OF TRADE
WORLD TRADE
WORLD TRADE ORGANIZATION
WORLD TRADING SYSTEM
WTO
Independent Evaluation Group
Assessing World Bank Support for Trade, 1987-2004 : An IEG Evaluation
description This evaluation of the Bank's assistance on trade-related issues focuses on the period between fiscal years 1987 and 2004. The majority of developing countries have significantly improved their environment for trade and economic growth, following over two decades of assistance from the Bank in trade reform. Arguably, the developing world is more open today than at any time in recent memory. Developing countries have more than doubled their exports since the mid-1980s, helping many of them to grow steadily. Exports and imports have risen as a share of the gross domestic product (GDP) across a wide range of countries, fueled in part by China's remarkable trade performance, and the growth in services trade. Trade policies have also been significantly liberalized. Average import tariffs have fallen steadily over the period, although the fall in other forms of protection has been more gradual. Between fiscal years 1987 and 2004, about 8.1 percent of total Bank commitments went to 117 countries to help them better integrate into the global economy. This financing has been accompanied by a large volume of analysis in operational economic and sector work (ESW), research publications on trade, and working papers on trade-related topics. During the first phase (starting in the 1980s), the Bank focused largely on the traditional trade agenda related to opening up economies. During the second phase, from the mid- to late-1990s, the Bank's emphasis on trade declined, although the impact of earlier trade reforms was still playing out. In the third phase, initiated with the collapse of the World Trade Organization (WTO) Seattle trade ministerial meeting in 1999, growing pressure to deliver on the Millennium Development Goals (MDG), and interest from development partners (notably bilateral donors), led the Bank to reappraise its trade activities. This phase has focused on the global trading system, and "behind-the-border barriers" to trade. The Bank's trade activities during the period were led by a grade policy reform package supported by four components: import-related; export-related; exchange rate and foreign exchange management; and, industrial and other supporting policies. This assessment reviews project-related outcomes and outputs, to focus on the progress toward a more development-friendly trading. Recommendations include addressing poverty-distributional outcomes and external shocks in a balanced approach; revisiting the balance between global and country agendas, and strengthening operational links on trade issues; and, strengthening knowledge management efforts.
format Publications & Research :: Publication
author Independent Evaluation Group
author_facet Independent Evaluation Group
author_sort Independent Evaluation Group
title Assessing World Bank Support for Trade, 1987-2004 : An IEG Evaluation
title_short Assessing World Bank Support for Trade, 1987-2004 : An IEG Evaluation
title_full Assessing World Bank Support for Trade, 1987-2004 : An IEG Evaluation
title_fullStr Assessing World Bank Support for Trade, 1987-2004 : An IEG Evaluation
title_full_unstemmed Assessing World Bank Support for Trade, 1987-2004 : An IEG Evaluation
title_sort assessing world bank support for trade, 1987-2004 : an ieg evaluation
publisher Washington, DC: World Bank
publishDate 2012
url http://documents.worldbank.org/curated/en/2006/01/6740116/assessing-world-bank-support-trade-1987-2004-ieg-evaluation
http://hdl.handle.net/10986/6966
_version_ 1764398884922064896
spelling okr-10986-69662021-04-23T14:02:27Z Assessing World Bank Support for Trade, 1987-2004 : An IEG Evaluation Independent Evaluation Group ACCOUNTABILITY AGRICULTURAL TRADE AGRICULTURE APPLICABLE LAW AVERAGE TARIFF BANK LENDING BENEFITS OF TRADE CAPACITY BUILDING CIVIL SOCIETY COMPARATIVE ANALYSIS COMPETITION POLICY COMPETITIVE PRESSURES COMPETITIVENESS CUSTOMS DEVALUATION DEVELOPING WORLD DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DEVELOPMENT STRATEGIES DOMESTIC DEMAND ECONOMETRIC ANALYSIS ECONOMIC CRISIS ECONOMIC EFFICIENCY ECONOMIC INTEGRATION ECONOMIC OUTCOMES ECONOMIC PERFORMANCE ECONOMIC POLICY EMPLOYMENT EUROPEAN UNION EXCHANGE RATE EXCHANGE RATES EXOGENOUS SHOCKS EXPORT BANS EXPORT BASKETS EXPORT BIAS EXPORT CREDIT EXPORT DIVERSIFICATION EXPORT GROWTH EXPORT INCENTIVES EXPORT PERFORMANCE EXPORT PROCESSING EXPORT PROCESSING ZONES EXPORT SUPPLY EXPORT TAXES EXPORTERS EXPORTS EXTERNAL SHOCKS EXTERNAL TARIFFS EXTERNAL TRADE FINANCIAL SECTOR FOREIGN EXCHANGE FOREIGN TRADE FREE TRADE FREE TRADE AGREEMENT GDP GLOBAL ECONOMY GLOBAL INTEGRATION GLOBAL TRADE GLOBAL TRADING GROSS DOMESTIC PRODUCT IMPORT COMPETITION IMPORT PROCEDURES IMPORT TARIFF IMPORT TARIFFS IMPORTS INDUSTRIALIZATION INFLATION INTERNATIONAL BANK INTERNATIONAL LAWYERS INTERNATIONAL TRADE INVENTORIES LABOR COSTS LABOR MARKETS LDCS MACROECONOMIC INSTABILITY MACROECONOMIC POLICIES MACROECONOMIC STABILIZATION MARKET ACCESS MICROECONOMIC ANALYSIS MINISTERIAL MEETING NON-TARIFF BARRIERS NON-TRADE ISSUES OPENNESS POLICY MAKERS POLITICAL ECONOMY PRIVATIZATION PROFITABILITY QUANTITATIVE RESTRICTIONS REGIONAL INTEGRATION REGIONAL ORGANIZATIONS REGIONAL TRADE REGIONAL TRADE INTEGRATION REGIONALISM REORGANIZATION RESOURCE ALLOCATION SAFETY NETS STRUCTURAL ADJUSTMENT SUBSIDIARY SURCHARGES TARIFF BARRIERS TARIFF LEVELS TARIFF RATES TARIFF REGIMES TECHNICAL ASSISTANCE TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE ADJUSTMENT TRADE AGENDA TRADE AGREEMENT TRADE ASSISTANCE TRADE CAPACITY TRADE DIVERSION TRADE FACILITATION TRADE FINANCE TRADE INTEGRATION TRADE LIBERALIZATION TRADE LOGISTICS TRADE NEGOTIATIONS TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE POLICY REFORM TRADE POLICY REFORMS TRADE PROMOTION TRADE REFORM TRADE REFORMS TRADE REGIMES TRADE STRATEGY TRADE-RELATED INVESTMENT TRANSPORT TRANSPORT COSTS TRUST FUNDS UNIFORM TARIFFS URUGUAY ROUND VALUE ADDED VOLUME OF TRADE WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO This evaluation of the Bank's assistance on trade-related issues focuses on the period between fiscal years 1987 and 2004. The majority of developing countries have significantly improved their environment for trade and economic growth, following over two decades of assistance from the Bank in trade reform. Arguably, the developing world is more open today than at any time in recent memory. Developing countries have more than doubled their exports since the mid-1980s, helping many of them to grow steadily. Exports and imports have risen as a share of the gross domestic product (GDP) across a wide range of countries, fueled in part by China's remarkable trade performance, and the growth in services trade. Trade policies have also been significantly liberalized. Average import tariffs have fallen steadily over the period, although the fall in other forms of protection has been more gradual. Between fiscal years 1987 and 2004, about 8.1 percent of total Bank commitments went to 117 countries to help them better integrate into the global economy. This financing has been accompanied by a large volume of analysis in operational economic and sector work (ESW), research publications on trade, and working papers on trade-related topics. During the first phase (starting in the 1980s), the Bank focused largely on the traditional trade agenda related to opening up economies. During the second phase, from the mid- to late-1990s, the Bank's emphasis on trade declined, although the impact of earlier trade reforms was still playing out. In the third phase, initiated with the collapse of the World Trade Organization (WTO) Seattle trade ministerial meeting in 1999, growing pressure to deliver on the Millennium Development Goals (MDG), and interest from development partners (notably bilateral donors), led the Bank to reappraise its trade activities. This phase has focused on the global trading system, and "behind-the-border barriers" to trade. The Bank's trade activities during the period were led by a grade policy reform package supported by four components: import-related; export-related; exchange rate and foreign exchange management; and, industrial and other supporting policies. This assessment reviews project-related outcomes and outputs, to focus on the progress toward a more development-friendly trading. Recommendations include addressing poverty-distributional outcomes and external shocks in a balanced approach; revisiting the balance between global and country agendas, and strengthening operational links on trade issues; and, strengthening knowledge management efforts. 2012-06-04T14:41:38Z 2012-06-04T14:41:38Z 2006 http://documents.worldbank.org/curated/en/2006/01/6740116/assessing-world-bank-support-trade-1987-2004-ieg-evaluation 978-0-8213-6591-5 http://hdl.handle.net/10986/6966 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication